California to probe investment complaints tied to former CalPERS CIO

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California's Fair Political Practices Commission has said it would investigate complaints regarding Yu Ben Meng, former chief investment officer of CalPERS, the largest public U.S. pension fund.

- California’s Fair Political Practices Commission has said it would investigate complaints regarding Yu Ben Meng, former chief investment officer of CalPERS, the largest public U.S. pension fund.

The commission, in a letter dated Aug. 11, notified Meng’s attorney that the agency had received anonymous complaints, which it said was based on a news article. It attached a Financial Times article regarding Meng’s investments and his disclosure of them and said it would investigate all allegations.Meng resigned from his position at California Public Employees’ Retirement System earlier this month, saying he needed to focus on his health and family.

 

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Very common in money management! Not Calpers! Everywhere! Most of the time beyond reach of law! Rule of law in USA administered by Trump! Evangelical Trump! Outlaw Trump & his running dog Barr?

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